• Hyundai says it is going to launch 11 new electrical fashions by 2030, together with a mannequin in a brand new automobile phase that it does not at the moment compete in—we do not know which phase that’s but.
  • Genesis will acquire six new fashions by 2030: two passenger automobiles and 4 SUVs.
  • Kia will promote 14 EVs by 2027 with plans for 2 electrical pickup vehicles, though not all of those new EVs from Hyundai and Kia are destined to succeed in the U.S. market.

    Gross sales of the Hyundai Ioniq 5 and the Kia EV6—the primary devoted ground-up electrical automobiles from the 2 Korean automakers—are underway, however the snazzy new fashions are just the start. This week, Hyundai and Kia introduced up to date plans for the approaching decade, together with a slew of electrical automobiles in new market segments.

    hyundai prophecy concept

    Hyundai Prophecy idea.

    Hyundai

    By 2030, Hyundai will launch 11 new EVs: three sedans, six SUVs, and a lightweight business automobile. Hyundai additionally says there might be “one new kind mannequin” however did not go into specifics—this could possibly be something from an electrical model of the Santa Cruz pickup to a tiny electrical pod just like the Renault Twizy. One of many sedans would be the Ioniq 6, which can take inspiration from the Prophecy idea and go on sale this yr, whereas one of many SUVs would be the manufacturing model of the Ioniq 7 idea, reaching showrooms in 2024. These are presumably world plans, so the timing and mannequin lineup for the U.S. is more likely to be totally different.

    Hyundai’s luxurious arm Genesis will add six new fashions within the subsequent eight years—two “passenger automobiles,” with Genesis not specifying that these might be sedans, and 4 SUVs. The primary SUV would be the Electrified GV70 launching this yr, and beginning in 2025, each new Genesis might be electrified.

    2024 kia ev9 concept

    Kia in the meantime will launch two EVs a yr because it completes a lineup of 14 electrical automobiles by 2027. There might be two electrical pickup vehicles—Kia describes one as a “devoted” EV pickup and one as a “strategic mannequin for rising markets,” which means the latter possible will not attain American shores.

    Kia will even launch an entry-level EV, whereas the EV9, previewed by an idea final yr, continues to be set for a 2023 introduction. The EV9 would be the first Kia to be geared up with the corporate’s AutoMode autonomous driving system, which Kia says might be out there on all new fashions launched in main markets by 2026.

    After the 576-hp EV6 GT, Kia plans to broaden the high-performance GT lineup to all fashions of its upcoming electrical lineup. Kia additionally goals to change into a market chief in purpose-built automobiles, beginning with a mannequin known as the Niro Plus later this yr. Based mostly on the brand new technology of the Niro SUV, the Plus might be optimized for taxi and ride-hailing companies.

    In 2025, Kia says it is going to launch its first devoted purpose-built automobile driving on a skateboard EV platform, described as “medium sized,” earlier than increasing the lineup to all sizes for automobiles, which may act as “an alternative choice to public transportation and even be used as cell places of work.”

    Hyundai says it’s concentrating on world EV gross sales of almost 1.9 million models yearly by 2030 and a 7 p.c market share for EVs. Kia says it’s aiming for gross sales of 1.2 million EVs in 2030 and predicts 80 p.c of its EV gross sales will come from Korea, China, Europe, and North America, with EVs representing a forty five p.c share of Kia gross sales in these areas. Hyundai additionally says it is going to create an Built-in Modular Structure as an evolution of the E-GMP platform underpinning the Ioniq 5, EV6, and Genesis GV60, which can standardize the battery methods and motors together with the chassis for future EVs.

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